A.D.A.M. and Aon Corporation Launch MyAonAssist.Benergy to Power Employee Portal Strategy for Aon's Middle Market Clients ATLANTA -- A.D.A.M., Inc. (NasdaqCM:ADAM Adam, the first man, in the Bible Adam (ăd`əm), [Heb.,=man], in the Bible, the first man. In the Book of Genesis, God creates humankind in his image as a species of male and female, giving them dominion over other life. ), a leading provider of health information and benefits management solutions, today announced an agreement with Aon Corporation (NYSE NYSE See: New York Stock Exchange : AOC AOC, n an acronym for the Aromatherapy Organizations Council. ), a leading provider of risk management services, reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. and human capital consulting, to provide Benergy[TM] to Aon's middle market clients under the MyAonAssist name. Terms of the agreement were not disclosed. MyAonAssist will help Aon's clients streamline their benefits management by automating human capital-related tasks and extending self-service capabilities to employees. Users of MyAonAssist will also have access to Benergy's Ready...Enroll[TM] module, an integrated enrollment system that educates employees about insurance products and allows them to enroll in minutes. MyAonAssist will become a featured component of Aon's Innovative Services Package, which includes a variety of value-added services A value-added service (VAS) is a telecommunications industry term for non-core services or, in short, all services beyond standard voice calls and fax transmissions. for employers, such as a call center, surveys, communications, benchmarking, data analysis, claims reporting, Form 5500 preparation, health and welfare compliance review and other human capital resources. "We conducted an extensive search for a technology partner to help us add robust benefits communication portals for our middle market clients. We selected the Benergy platform because it adapts well to the diverse benefits program needs of different employers," said John Zern, US Practice Director for Health and Benefits. "In our continuing quest to deliver distinctive client value, our partnership with OnlineBenefits delivers an effective solution to respond to our clients' increasing need for faster, more convenient, ways to address their employees' benefit needs and become better benefits consumers." "We are proud to be the technology provider-of-choice for Aon as they extend the MyAonAssist portal to their customers," said John Gedney, Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of OnlineBenefits, which is now part of A.D.A.M. "With the growth of consumer-directed care, there is a tremendous need for this kind of system in the market today and Aon will be well-positioned with Benergy to meet the demand." About A.D.A.M. A.D.A.M. (NasdaqCM:ADAM) is a leading provider of high-quality health information and benefits management solutions to healthcare organizations, employers, consumers, brokers, and educational institutions. With an industry-leading employee and human resource benefits management platform and one of the largest consumer health information libraries in the world, A.D.A.M. empowers consumers to get smart about their health and wellness, while reducing the costs of healthcare and benefits administration. For more information, visit www.adam.com or call 1-800-408-ADAM. About Aon Aon Corporation (www.aon.com) is a leading provider of risk management services, insurance and reinsurance brokerage, human capital and management consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business service industry - an industry that provides services rather than tangible objects , and specialty insurance underwriting Underwriting 1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt). 2. The process of issuing insurance policies. . There are 43,000 employees working in Aon's 500 offices in more than 120 countries. Backed by broad resources, industry knowledge and technical expertise, Aon professionals help a wide range of clients develop effective risk management and workforce productivity solutions. Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. Except for historical information, all of the statements, expectations and assumptions contained in this press release are forward-looking statements. These statements, especially revenue, net income, cash flow and Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) A metric used to show a company's profitability, but not its cash flow. EBITDA became popular in the 1980s to show the potential profitability of leveraged buyouts, but has become forecasts, involve a number of risks and uncertainties that could cause actual results, performance or developments to differ materially. Factors that could affect the company's actual results, performance or developments include general economic conditions, development of the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the as a source of health information, pricing actions taken by competitors, demand for the company's health information, the ability to realize the anticipated benefits of the acquisition, regulatory changes in laws and regulations that impact how the company conducts its business and the other factors described in A.D.A.M.'s filings with the SEC. A.D.A.M. disclaims any obligation or duty to update any of its forward-looking statements. |
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